Cardiac Pacemaker Market Size to Reach over $5 Billion by 2025 – Arizton

The cardiac pacemaker market is expected to grow at a CAGR of over 2% during the period 2019–2025.

The global cardiac pacemaker market size will reach $5 billion in 2025 from $4.2 billion in 2019, representing a CAGR of 2.2%. The growing prevalence of abnormal cardiac rhythm disorders, coupled with the increasing elderly population, which is prone to arrhythmias, is expected to drive the market. Advancements in technology and engineering provide clinicians innovative ways to care for the aging population.

The following factors are likely to contribute to the growth of the cardiac pacemaker market during the forecast period:

  • Increasing Demand for MRI-conditional Cardiac Pacemakers
  • Technological Advancements & Increasing Focus on Product Innovations
  • Increase in Target Patient Population with Cardiac Arrhythmias
  • Increasing Demand for Wireless & Automated Pacemakers Integrated with Remote Monitoring 

The study considers the present scenario of the cardiac pacemaker market and its market dynamics for the period 2019−2025. It covers a detailed overview of several market growth enablers, restraints, and trends. The study offers both the demand and supply aspect of the market. It profiles and examines leading companies and other prominent companies operating in the market.

 

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Cardiac Pacemaker Market – Vendor Profiles

 

Key Vendors

  • Medtronic
  • Boston Scientific
  • MicroPort Scientific
  • Abbott
  • BIOTRONIK

 

Other Vendors

  • Galix Biomedical Instrumentation
  • Lepu Medical
  • MEDICO
  • Osypka Medical
  • OSCOR
  • Shree Pacetronix
  • Vitatron

 

Cardiac Pacemaker Market – Segmentation

 

Market Segmentation by Product

  • MRI-conditional Pacemakers
  • Traditional Pacemakers

Market Segmentation by Technology

  • Dual Chamber Pacemakers
  • Single Chamber Pacemakers
  • Biventricular Pacemakers/CRT-P

Market Segmentation by Implantability  

  • Implantable Pacemakers
  • External Pacemakers

Market Segmentation by End-user   

  • Hospitals
  • Specialty Cardiology Centers
  • ASCs

Market Segmentation by Geography

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Italy
  • APAC
    • Japan
    • China
    • India
    • South Korea
    • Australia
  • Latin America
    • Brazil
    • Mexico
  • MEA
    • Turkey
    • South Africa
    • Saudi Arabia

 

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Cardiac Pacemaker Market – Table of Contents

 

1              Research Methodology

2              Research Objectives

3              Research Process

 

4              Scope & Coverage

4.1          Market Definition

4.1.1      Inclusions

4.1.2      Exclusions

4.2          Base Year

4.3          Scope of the study

4.4          Market Segments

4.4.1      Market Segmentation by Product

4.4.2      Market Segmentation by Technology

4.4.3      Market Segmentation by Implantability

4.4.4      Market Segmentation by End-user

4.4.5      Market Segmentation by Geography

 

5              Report Assumptions & Caveats

5.1          Key Caveats

5.2          Currency Conversion

5.3          Market Derivation

 

6              Market at a Glance

7              Introduction

7.1          Background

7.2          Permanent Pacemaker

7.2.1      Indications

7.3          Temporary Pacemaker

7.3.1      Indications

7.4          Cardiac Pacemaker Market Snapshot

 

8              Market Dynamics

8.1          Market Growth Enablers

8.1.1      High Demand for MRI-conditional Cardiac Pacemakers

8.1.2      Technological Advancements & Increasing Focus on Product Innovations

8.1.3      New Pacemaker Approvals/Launches

8.1.4      Increase in Target Patient Population with Cardiac Arrhythmias

8.2          Market Growth Restraints

8.2.1      Risks and Complications Associated with Pacemakers

8.2.2      Stringent Government Regulations & Product Recalls

8.2.3      High Cost of Pacemaker Implantation

8.3          Market Opportunities and Trends

8.3.1      Advent of Leadless Cardiac Pacemakers

8.3.2      High Growth Potential in Emerging Markets

8.3.3      Promising Investigational Pacemakers

8.3.4      Growing Demand for Automated Pacemakers Integrated with Remote Monitoring Platforms

 

9              Global Cardiac Pacemaker Market

9.1          Market Overview

9.2          Market Size & Forecast

9.3          Five Forces Analysis

9.3.1      Threat of New Entrants

9.3.2      Bargaining Power of Suppliers

9.3.3      Bargaining Power of Buyers

9.3.4      Threat of Substitutes

9.3.5      Competitive Rivalry

 

10           Cardiac Pacemaker Market by Products

10.1        Market Snapshot & Growth Engine

10.2        Market Overview

10.3        MRI-conditional Cardiac Pacemakers

10.3.1    Market Overview

10.3.2    Market Size & Forecast

10.4        Traditional Cardiac Pacemakers

10.4.1    Market Overview

10.4.2    Market Size & Forecast

 

11           Cardiac Pacemaker Market by Technology

11.1        Market Snapshot & Growth Engine

11.2        Market Overview

11.3        Dual Chamber Pacemakers

11.3.1    Market Overview

11.3.2    Market Size & Forecast

11.4        Single Chamber Pacemakers

11.4.1    Market Overview

11.4.2    Market Size & Forecast

11.5        Biventricular Pacemakers/CRT-P

11.5.1    Market Overview

11.5.2    Market Size & Forecast

 

12           Cardiac Pacemaker Market by Implantability

12.1        Market Snapshot & Growth Engine

12.2        Market Overview

12.3        Implantable Pacemakers

12.3.1    Market Size & Forecast

12.4        External Pacemakers

12.4.1    Market Size & Forecast

 

13           Cardiac Pacemaker Market by End-User

13.1        Market Snapshot & Growth Engine

13.2        Market Overview

13.3        Hospitals

13.3.1    Market Size & Forecast

13.4        Specialty Cardiac Centers

13.4.1    Market Size & Forecast

13.5        ASCs

13.5.1    Market Size & Forecast

 

14           Cardiac Pacemaker Market by Geography

14.1        Market Snapshot & Growth Engine

14.2        Overview

 

15           North America

15.1        Market Overview

15.2        Market Size & Forecast

15.3        Key Countries

15.3.1    US: Market Size & Forecast

15.3.2    Canada: Market Size & Forecast

 

16           Europe

16.1        Market Overview

16.2        Market Size & Forecast

16.3        Key Countries

16.3.1    Germany: Market Size & Forecast

16.3.2    France: Market Size & Forecast

16.3.3    UK: Market Size & Forecast

16.3.4    Spain: Market Size & Forecast

16.3.5    Italy: Market Size & Forecast

 

17           APAC

17.1        Market Overview

17.2        Market Size & Forecast

17.3        Key Countries

17.3.1    Japan: Market Size & Forecast

17.3.2    China: Market Size & Forecast

17.3.3    India: Market Size & Forecast

17.3.4    Australia: Market Size & Forecast

 

18           Latin America

18.1        Market Overview

18.2        Market Size & Forecast

18.3        Key Countries

18.3.1    Brazil: Market Size & Forecast

18.3.2    Mexico: Market Size & Forecast

 

19           Middle East & Africa

19.1        Market Overview

19.2        Market Size & Forecast

19.3        Key Countries

19.3.1    Turkey: Market Size & Forecast

19.3.2    Saudi Arabia: Market Size & Forecast

19.3.3    South Africa: Market Size & Forecast

 

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